"vForce" the revolution

Johnny made a post some hours ago with some points. Are these valid points? This is all that should be discussed. Is the man right, or is he wrong? Personalities and hurt feelings should not enter into the picture at all. Only facts.

Helo everyone except Jhony...

Firts of all,
Great idea and strategy (very well)
I usualy use scalp strategy but if i see the chance i will play with small size for begining...
I think this is gona be a profitable strategy...


Sory for my bad english


Petar

Lorenzo,

Try your own analysis and post the results. This should be interesting.

Trade well and prosper,

Johnny

Hello everyone, who reads this.

My second post ever in FF. I have traded for years.
First I want to say I have found lots of interesting information from FF but rarely read these pages anymore. I do not follow any system that i have found anywhere from any books, fellow traders, internet or anything.
Just wanted to introduce myself a lil before saying anything else.

I have never tried this method and am not defending this method.

Now there are things about Johnny why i write this. See, i dont even try to analyse your funny charts, i analyse you instead...because it gives me more challenge and seems to be more amusing.

I checked your history in FF quickly and noticed that you started your trading career and studying in april this year, right?

To me it seems like it, because you were studying most basic things about Forex markets and indicators, price actions etc.
You obviously think you know Forex market and movements there, and since you were saying about going long after candle breaking BB upper band, its a bad trade and for some other reasons whatever you had? Thihi..

Are you like a messenger who wants to save all these people from losing their money with this method?

I'm sorry, but everyone has to learn it the hard way...EVERYONE.
So quit trying?

I agree, i would not trade with this method, would i trade with ANY method in internet? No. Do i have to go tell people they are wrong and their system wont work and is stupidly coded or designed? I bet at this point you know my answer.

I smell frustration behind all the bragging about how you "know" markets and give good analysis. People, be careful with these kind of wannabe traders who really do not know what they DONT KNOW YET.
NO good trader, i mean good trader...or even normal person start to attack other's methods like this. You obviously got frustrated after noticing this method did not save your days as a trader afterall?
Do not worry, keep searching...it all will come out clear to you..maybe.

"You're no newbie but there is no Keltner Channel here but who knows it might be better than the BB. You're missing the most important, look again."

Arrogance, more than anything.

1. I dont think you have ANY kind of sense yet what is a bad system and what is not. I have my personal reasons.
2. You are nowhere near being profitable trader yourself, i can smell it easilly. Ask me am i?
3. You have learned some indicators and can draw trendlines, seems nice doesnt it?
4. Now i ask you a guestion:
How many times did you go all the way to the end and then all the way back to the basics, just to realize that all of the things you have been reading and learning, really took you nowhere in trading? I think it is the very first step. If you are still doing your first step.....how on earth can you give such analysis about a system like this? After few years, someone could start considering about TEACHING your kind of analyser how to trade as a profession.
5. Now analyse my method or whatever you want to call it.
I have a clear chart with price. Yeah might use some indicators, but i still dont trade with them. How bad can that be?
And no i do not trade candle patters or support/resistance levels.
When the money flows, it flows.
6. Give me a good answer to this please:
Can you make profit by drawing totally random horizontal line somewhere in chart and trade when price penetrates it? I mean with profit, constantly profitable trading with annual returns with it?

After you answer that question correctly and prove it to yourself, come back please to this ForexFactory forum and start analysing these methods better afterwards.

Until then, i think you should not analyse anything except your own mistakes.

Dont ask me to prove a thing about myself, i did not come to prove myself I came because i was amused, nothing else. May this be the first and last nonsense i ever write to these forums.

-Nobody-

PS: If you need help with analysing your charts instead of trying to prove other new to forex (such as yourself), start acting like it and i might point you to a direction what to look for.

Pallukka,

Your killing me. Sorry I'm no newbie. I've traded stocks for over 30 years. The charts and all the indicators such as trendlines are the same. A chart is a chart period. I'm, relatively speaking, new to the currency markets as I jumped out of the stock market in 2007 and in May 2008 was on the forex. The forex factory didn't interest me as I was running two of my own companies and did not have the time.

My buys and sells were on the daily timespan as that takes little time to do. I'm from the old school of trading which included fundamentals and chart analysis. I never believed in the buy and hold method as more money could be made buying and selling. I didn't get killed in the market crash and neither did my friends thanks to me.

I trade from lines of resistance and support as well as drawing my own trendlines. I use stochastics and linear regression channels and always know each timespans trend and probable reversal point. I determine price direction and pips to be made before I enter the trade. I know the time of day to trade and why the markets will reverse. I watch all of the markets carefully and have for decades.

Since I did not trade the lower time spans on the forex markets in the past I went looking for a method. I was lucky and found a good teacher. I have read hundreds of books in twenty years and looked at numerous systems but trading different time spans was foreign to me. When I don't know something I study it until I know as much as the teacher.

If I use an indicator on my charts, it means I already studied the mathematical formulas and know how it works. I have written my own and have changed many others.

I started writing EA's in early September, 2008. I was laid up from a back injury and I was bored. My first attempt made $263K the first week on a demo. Was I satisfied with this? No, it wouldn't work on all charts which didn't make any sense. Eight weeks later it started losing $250K a week and I went back to the drawing board. I don't work for anybody but myself so I took a few more months off and put in 16 hours a day and 7 days a week. The result was very impressive but something was missing. The trend recognition code was wrong and I knew it.

The reverse trend trades were not very impressive and the only way to keep from losing was to put a trailing stop on reverse trades and lower the number of contracts. By that time I needed a break and took a vacation with my wife to England with a few new books to read on the plane. There wasn't anything earth shattering in these books that I hadn't already read before except one little sentence that had to do with reversals. I had another piece of the puzzle but I promised my wife I would not do anything but relax on vacation and I didn't even take a computer with me. I got out of all the live trades I was in before we left.

When I got home over two weeks later I got on my computer and started changing the EA. The end result was beyond belief but I saved the program and went to bed after being up 30 hours straight. Developing the EA and putting in the long days was an education in itself. I must admit it was the most difficult thing I ever tried to do. The result of analyzing this EA actually led to another with better results and now has led to another which is being written in MT4 code with the help of a few of my friends. So when I say I have written 100's of EA's I'm not lying I've put in over 3000 hours. I'm relentless as my family calls it, I just call it focusing.

You can analyze me all you want but I'm not trying to hide anything from anybody. If your making money on this system then I'm happy for you and all the other people. I know full well how hard it is to design a profitable system with little drawdown and still have a high profit factor.

I had to learn to write computer code before I could even start. My youngest son is a computer whiz and minored in Computer Science. He graduated this spring along with his older brother who earned his Masters. I was on the phone to them every night asking questions until I got it right.

When I told them the results they both thought I had lost my mind until the youngest came home with his roommate who is a computer science major. They saw the program analysis and then looked at the charts and finally the code. They fell off their chairs and wanted me to hire them after college. I'm teaching them the forex now and I'm a very demanding teacher. I didn't hire them as I don't believe in that sort of thing and as my oldest worked under contract for me for two years until she learned and now has her own successful company. They will become partners so to speak with their own company.

They thought college was hard until they realized my work ethic, ability to focus and learn is beyond their comprehension. Together we will get this EA rolling if they have the fortitude. If you want something bad enough and you have the right attitude nothing will get in your way of success.

I still trade everyday and am constantly learning new ways to make money. My wife calls it an obsession but she knows me very well and what I can accomplish as I held down two jobs and still went to school at night and weekends when we were first married.

So now you know who I am, so quit trying to analyze me as I'm too complicated for anyone to figure me out. You are not the person I'm protecting here, you trade with randomly placed horizontal lines that you can't define. I must admit that sounds crazy but if it works for you then go for it. The only horizontal lines on my charts are support and resistance lines and Fibonacci.

My only objection with this system is the first post. Explain that this is work in progress and certainly no Holy Grail. Explain that it produces bad trades and that the user should have enough education to recognize both the good and the bad trades. Finally know this, that if you cannot read the charts that I posted then prepare yourself for your eventual financial loss. Those charts are not difficult and a lot was deleted for clarity.
Don't blame the originator or the programer of this system as anybody trading with real money has the responsibility to himself and his/her family to get educated first. Enough said.

I will trade my way and you are welcome to draw randomly placed horizontal lines on your charts anywhere you like if that works for you, just don't think I'm going to be able to explain why you do this and be able to make a profit doing it myself. Does that system come with a crystal ball or a magic wand? This must be that "Amazing Stategy" thingie posted on a tread with the same name. It's not that big a secret Dude and it doesn't take any brains. Telling somebody to buy when he should sell and sell when he should buy is not something I suggest anybody get into the habit of doing. But now that I think about it that may be the stategy used here.

Trade well and prosper and please post how you trade this thingie and make money, I may have missed something somewhere. Nobody has posted a chart for me to look at and get a good understanding. What are you afraid of anyway. I don't bite.

Hey Lorenzo where's your chart or do you use the random line system as well? Man how could I have missed such an obviously good strategy and I was even pretty good at pick-up sticks as a kid. Darn

Johnny


Originally posted by Pallukka,
6. Give me a good answer to this please:
Can you make profit by drawing totally random horizontal line somewhere in chart and trade when price penetrates it? I mean with profit, constantly profitable trading with annual returns with it?

Jhony and pallukka please stop with stupid disccusion ...

Name of this theard is VForce and post the examples,when you took the trade and something like that ...

Please stop with this crap....




Petar

Petar Serbia,

Show your chart please and explain your trades. We need to show Pallukka there's a better way then the random horizontal lines thingie with the magic wand before he goes over the edge. Please hurry before it's too late.

Trade well and prosper,

Johnny

Paradoxical,

We have found an intelligent trader, maybe. You hit the nail on the head. What's so hard about the questions. I will post some more questions maybe then they can find one they can answer.

Trade well and prosper,

Johnny

Newbie,

If you're planning on putting lots of money into a system I hope you educated yourself first. If you don't know the answers below you're doomed before you start.

1. How do you determine and trade the trend?
2. How do you determine Support and Resistance?
3. How do keep you're wife from knowing what you're up too?
4. How long do you test your system before trading live if your wife doesn't kill you first?
5. Does your Doctor know of your impending mental breakdown?
6. Would you jump out of a plane without a parachute?
7. Do you answer the front door before looking though the peep whole for the men in white coats carrying a straight jacket?
8. Do you think you can fly if you jumped off a high building?
9. Do you read Superman comics too much and dream of wearing tights?
10. At what time of day do the major reversal times occur?
11. At what time of day do the minor reversal times occur?
12. At what time of day do the mini reversal times occur?
13. Who's really controlling the market?
14. What has an effect on currency value such as the Aud?
15. What is the carry trade?
16. Do you leave your trades open over the weekend?
17. Does the moon have any effect on the markets?
18. What is the spread?
19. Have you had a lot of success trading the currency markets in the past?
20. Have you ever been considered a loser by friends and family?
21. Will you go on vacation 1000 miles away without a spare tire?
22. Are you suicidal?
23. Do you have a good day job paying a good income.
24. If you lost all of your savings trading how would this effect you financially?
25. Do you buy more than one lottery ticket per week?
26. Does numbers confuse you?
27. Are you right or left brained?
28. Do you understand big words like bankruptcy?
29. Can you do your own income taxes or is this too complicated a task for you even to consider?
30. Do you rush to use somebody's posted "Holy Grail" system in live trading before testing it first?
31. Do you think Fibonacci is a famous Italian Painter or a board game of the 50's or both?
32. Where does 75% of the trading occur on the currency markets.?
33. What causes the numerous reversals in a 24 hour period.
34. Who determines the US interest rate and how often?
35. What currency determines the price of oil in Japan?
36. Does Russia have a currency market?
37. What effect if any does the USA's increase in national debt have on the US dollar?
38. Which currency pair is the most traded currency?
39. What are futures and do they have any effect on the currency markets?
40. Do rising and falling commodity prices have any effect on the currency markets?

If you cannot answer all 40 questions correctly then do the following:

1. Rid your home of all lethal weapons.
2. Update your will.
3. Say good-bye to your family and friends.
4. Practice getting use to loneliness and being poor.
5. Read a book on how to live off the land.
6. Prepay your funeral expenses.
7. Seek professional help for all aspects of your life.
8. Get religion and pray a lot because you're going to need it.
9. Use the Pallukka random lines with magic wand method.

Trade well and prosper,

Johnny

... hmm., ok, w/o bs - on the topic - what was that about BB and by "tops and bottoms" you mean what exactly?
thank you

Yahoomt4,

Thanks it vividly shows the results, which are not so good. Everybody should take a gander at this. A 1.84 or a 1.90 Profit Factor is not good nor is a 54.3% and 52.7% loss of gross profits. The risk/reward is bad news.

Johnny

fxxx,

I see you've been a member since 2007. I don't mind answering questions but you're kidding right?? These might be valid questions if you just got off the boat and just set foot in the land of Forex. What have you been doing for two years? Google it and read about.

Educate first, trade last,

Johnny

so can't answer (w/o b.s) - what You ment by bb tops and bottoms (in Your statement) ?

fxxx,

Sorry, I was very busy and thought you were heckling me. I will explain it to you.

Please see the chart below which is a blown up version of the one on Post #1251.

The white horizontal lines are the Bollinger Bands set at 24. The middle line is a 24 moving average. The top line or upper band is two standard deviations from the middle line. The bottom line or lower band is two standard deviations below the middle line. Consider these as lines of resistance and support.

Looking at the chart from left to right please notice the green and red vertical dashed lines. There are depicting the buy long(green) and the sell short(red) confirmations by the v-Force program.

1. Look at the buy point of 1.4253 which is above the upper bols resistance line. Why did the program wait so long to buy?

2. Now look at the sell short at 1.4250. What's the system waiting for? There was profit and it should have been taken when the price first started reversing. Now there's a loss.

3. The succeeding vertical lines show the same thing again and again all adding up to buying late and selling late meaning profit losses. I can understand why the profit factor is a low 1.9 and the losses in dollars are 52-54% of gross profit.

4. Did you notice the indicators? If you didn't, look and learn. I'm not advocating these indicators especially the crosses but it was two indicators that the instructions said were used in the system. You can view more of them on post #1251.

A trading system should increase profit not lower it. If you cannot trade any better than this system I suggest taking a course or reading a book or both. There are volumes of information on the internet for free.

I hope this helps you fxxx.

Trade well and prosper,

Johnny

Wow! This place is so quiet nowadays.

Anyway, robdee.
Can you also provide the interface to the retrace signals?
They have already been provided in your indicator (which is Light Blue & Yellow Price Labels).

I thought if I am going to write an EA, those signals are the most useful (after all the reverse and counter-reverses). Thanks.

Hi everyone.
I read this exciting topic from the begining and I've few maybe stupid questions to Forexjedi or RobDee- hope You will answer.
1.After month of testing do you trade other pair than EUR/USD or other TF than 15min?
2.Do you really quite trade when four candles after singnal bar did not reach the price?
3.Do you still use stop loss 10 pips below/above signal bars?

hope you will answer

Geeezz, -- guy is an id1%t
i see, there is no conversation possible until he finish treating his head injury
must agree with everybody - st#pid and stubborn DKhed

learn and trade forex, and develop communication abilities, pecker
hope this helps you.

fxxx,

Sorry to see you have trouble learning new things. I reviewed your prior posts on other threads and noticed the same arrogance that's why I realised even after two years your still acting like a spoiled newbie. Your lack of understanding is no excuse for your post and your obnoxious behavior. The answers to your questions were obvious but you would rather not look at the facts.

I reluctantlyt took the time to answer your ridiculous question even after my belief that you were just heckling. If you really don't know how to read a chart, know the definition of a top from a bottom or know what a Bollinger Band is after two years on the forex then your the one that needs mental attention. Calling me names just shows your ignorance.

Just continue trading YOUR way or try the random horizontal line system with the magic wand.

Why don't you try posting a chart and explain your trading method with this system. Attacking me proves nothing and only strenghtens my position that this system needs a lot of improvement before a newbie uses it and loses his shirt believing the first post on this thread.

Ignorance can be corrected by education but stupidity is forever. Your posts are your report card.

Johnny

All Readers,

I knew I saw "fxxx" post before and I must admit I must re-think things about trying to make every person a smart trader as the following post on "Amazing Strategy Joke" clearly shows it is quite impossible. I'm sorry I wasn't there earlier fxxx to save you from yourself but I was probably trying to teach another lost in space soul that needed direction. Even after 99 posts you ask the question below. Even after post #372 you still believe in the impossible. Here I was thinking I could teach you about chart tops and bottoms and the Bollinger Bands. What was I thinking. Sorry about that I won't try that again.

Here I'm posting your most intelligent posts that we all love to re-read again and again. You really have a knack for making people laugh it just comes so naturally for you. It is obvious you have had trouble before as the posts below shows other people have tried teaching you before. Just remember fxxx the posts and words are not mine. There all yours and your previous teachers.

FOR A REAL GOOD LAUGH PLEASE READ THIS OLD THINGIE!!
IT WAS A JOKE BUT SOME DIDN'T GET IT. Please don't tell fxxx as it might spoil his day. Please don't discuss Sainty Claus or the Easter Bunny either.
========================================================
The Sunday Funny Paper isn't very funny anymore but this is a riot.

AMAZING Strategy!!! (Joke)
by Merlin Posted June 27, 2004
>EuroRiddle v1.0 (99.9% accuracy):

>your "day" ends at 4:59EST and starts at 5pm EST
>each day at 5pm EST you start watching the chart. it may take hours and hours of watching the chart, but keep watching until the high or low for the day has been hit.
> as soon as the daily high or low has been hit on the 60 minute charts, switch to your 1 minute charts. if the daily high or low has also been hit on the 1 minute chart, the signal is confirmed.
>> after the signal is confirmed enter the trade immediately. if it is the high for the day that has been hit, go short. if it is the daily low that has been hit, go long.

=====================================================
Originally Posted #276 by ak4x http://www.forexfactory.com/images/buttons/viewpost.gif (It is A Joke, See fxxx #277 LOL)
Attention! Traders of Earth! Got this by PM... I'm just the messenger, don't shoot me.
Traders of Earth!!
It has come to the attention of the High Council of Planet XG41KG that the AMAZING STRATEGY!!! has been discovered and is in use on Planet Earth.
You Must stop using THE AMAZING STRATEGY!!! !! No further Warning will be issued.

=====================================================
Original post #57 by Verto
It is a joke. This isn't a real system people... You never know when the 'high of the day' or the 'low of the day' will happen until it is beyond the point of no return. Duh...
=====================================================
Original post #294 by FourKids
If a new trader is looking at this thread and thinks it is kosher, well what can I say. They should move on to something else.You dont have to be related to Einstein to work out what is going on here. Even a beginner should have it worked out by about page 1 or 2. Definitely by page 4 or 5.
=====================================================
Original Post #361 by opie999 http://www.forexfactory.com/images/buttons/viewpost.gif
Everything one needs to know is revealed in the first two pages of the thread. Read them carefully and then read them again. Read them a third and fourth time if you must. It's all there.
=====================================================
Now may we present fxxx and his now historic comments:

Original post #100 by fxxx
can you post indicators and templete you used on the chart? what the best settings 4 different timeframes and currencies?
=====================================================
Original post #173 by fxxx
does your system works on other TFs than original rules (post1) - H1 TF
(what is your settings, TP/Sl, reentry, multiple lots...
can you post your indicator you showd on your chart (with arrows)?
does it repaint?
=====================================================
Original post #197 by fxxx
can anybody make alert and ea 4 this system?
does anyone knows smart programmer who can program indicator and alert 4 this great system?
=====================================================
Original post #202 by fxxx
many people posting only statements and only pictures with indicators which wasn't publicly released
though it's against forum rules - but i can understand - if one post .ex4 file - it will be decompiled and sold on e-bay
=====================================================
Originally Posted #276 by ak4x http://www.forexfactory.com/images/buttons/viewpost.gif (It is A Joke, See fxxx #277 LOL)
Attention! Traders of Earth! Got this by PM... I'm just the messenger, don't shoot me.
Traders of Earth!!
It has come to the attention of the High Council of Planet XG41KG that the AMAZING STRATEGY!!! has been discovered and is in use on Planet Earth.
You Must stop using THE AMAZING STRATEGY!!! !! No further Warning will be issued.
=====================================================
Original post #277 by fxxx
i read the thread very carefully and i don't believe such statement is true - can you prove it? do you have newspaper or other materials on which you can base such allegations - or can you provide other evidence of damage done or caused by THE AMAZING STRATEGY!!!
if not (all studies shows very opposite result) - it would sound only like a joke and not a real threat
=====================================================
Original post #363 by fxxx
so what? it's like Bible - everybody can read, nobody - understand, read no mater how many times : ((((((
p.s. some .pdf or .documentation necessary :
=====================================================
and now one last gasp attempt by one of the teachers:

Original post #372 by opie999
NO, it's not the Bible!! NO, most do understand, even after reading only one time! NO documentation is necessary! It's all clear and unambiguously described in the first two pages if you only bother to READ and, more importantly, THINK!!!!
=====================================================
Remember fxxx,
"Tis better to be silent and be thought a fool, than to speak and remove all doubt." Lincoln

At least you've found this system fxxx where maybe even you can make a few pips.

Johnny LOL

Good comeback. What is amazıng here ıs no one ıs defendıng thı9s system only offering insults.